Lotus Cars SPAC Presentation Deck

PRODUCT PORTFOLIO LEADING THE MODERN SUSTAINABLE LUXURY BEV MARKET All new models after 2022 are BEVS Evija³ (BEV Sports car) Emira (ICE Sports car) NUG Eletre (BEV SUV) Type 133 (BEV Sedan) Type 134 (BEV SUV) Type 135 (BEV Sports car) Launch / delivery year 2019/2023 2021/2022 2022 / March 2023 2023 / 2024 2024 / 2026 2025 / 2027 MSRP (US$)¹ 2,200,000+ 85,000+ 100,000+ 100,000+ 70,000+ 95,000+ Exp. annual sales volume² 25 5k-6k 40k-50k 30k-40k 80k-90k 10k-15k Source: Company information, Lotus management estimates 1. Average Manufacturer's Suggested Retail Price (MSRP) 2. Forecasted annual sales volume in years when production level and sales volume are relatively stable: Evija (2023 onwards), Emira (~2024 onwards), Eletre (~2026 onwards), Type 133 (2027 onwards), Type 134 (2027 onwards), Type 135 (-2029 onwards) 3. Developed and launched by Lotus UK 4. Originally released as the last ICE car by Lotus UK, the Emira is expected to be converted to BEV from 2027 onwards 15 LOTUSTECH

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